Results round-up: Companies to watch this week
Monday 1 December
Aberdeen Asset Management – fourth quarter results
Aberdeen’s share price has been rallying over the last two months and hopes for this update are high. Investors will be looking for management’s thoughts on emerging markets and any outlook for next year. Funds under management figures will be worth noting and any information on cost savings.
Wednesday 3 December
Sage – fourth quarter results
Investors have been on tenterhooks after a discouraging trading update from Sage, which revealed that French and European business – along with American payments business – hasn’t been great. But there are good levels of organic growth in other regions, so investors will be looking to see whether the company is making further progress on subscription based services and how recent acquisitions are settling in.
Thursday 4 December
Mulberry – interim 2015 earnings release
This luxury company’s reliance on the UK is too heavy for some; investors will be looking to see how its international growth strategy is progressing. With new management, any comments on Mulberry’s future direction will be of interest as will any information on how the brand’s abandonment of the upmarket is paying off.
TUI Travel – fourth quarter results
Full-year figures for TUI are expected to show profits relatively unchanged from last year. The market is forecasting a dividend rise and good news out of the company’s unique holiday offerings. Any news about the progress of TUI’s merger with German parent group TUI AG – due to complete in the middle of December – will be of interest.
Source: The Share Centre